The only demands on investors were for social and environmental responsibility, Santos said.

“We need capital, we need your experience, we are now way behind in infrastructure, and we are making a huge effort to get in line and put ourselves at the right level in terms of infrastructure in order to be competitive,” he said according to a seperate statement.

He said foreign investment from countries like Spain generated quality jobs and opportunities for Colombians.

In order to maintain the country’s economic growth, Colombia needed “foreign capital, we need foreign investment, we need Spanish SMEs (small and medium enterprises) and large Spanish companies,” Santos said.